Temple University Law Foundation

Analysis

Temple University Law Foundation is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in September 1961, 65 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Temple University Law Foundation reported income of $325k and spending of $241k, leaving 26% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $129k to $325k (+151%), an average of +26% a year. The sharpest change came in the year to June 2021, when income rose by 410%. Over the whole period it spent 73% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Temple University Law Foundation sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 61st percentile within PA. Charities of a similar size with the same main cause include Newburyport Education Foundation ($324k), Live Oak Preschool ($325k) and Life Light Educational Foundation ($324k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 3.3% of the total. At year end it held assets of $4.5m against liabilities of $0, net assets of $4.5m.